Business Process / Management Consultant
Salary

A substantial slice of final earnings for Business Process Consultants (more than a third) arrives through commissions. Median overall income in this area is approximately $85K. In the world of Business Process Consultants, total cash compensation can vary between $50K and $155K. Each package generally includes bonuses and profit sharing proceeds, and in exceptional cases, those amounts can reach heights of $20K and $12K, respectively. This group's pay is mainly influenced by the company, followed by career length and geographic location. A large number report receiving medical coverage from their employers and a fair number collect dental insurance. Male Business Process Consultants who responded to the survey are more common than women; more than half (63 percent) are men. The majority of Business Process Consultants claim high levels of job satisfaction. The figures in this rundown are based on the results of PayScale's salary questionnaire.

XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).

XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).

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Job Description for Business Process / Management Consultant

Business process/management consultants seek to constantly evaluate the production process and improve on it in any way possible. These improvements can take the form of new equipment, staff, methods, and team building and mentoring. By working with the production and sales chains of a business, the business process/management consultants help eliminate unnecessary costs and increase communication between the different levels of operation.

Strong interpersonal communication skills are a must for business process/management consultants because their role is leadership-heavy and usually requires working with a production team and their management, and reviewing them in a manner that allows for impartial assessment and calculation. Being able to run meetings, create presentations, and create informational charts indicating where processes are lacking in efficiency will help on the job immensely.

Having a bachelor’s degree in business or engineering is a great way to begin preparing to become a business process/management consultant. More advanced/senior consultant positions may require a master’s degree and more extensive work experience in a related position or field. In addition, business consultants should have a strong command of computers and programs such as those in the Microsoft Office suite.

Business Process / Management Consultant Tasks

Design systems and procedures to more efficiently conduct an organization’s practices and procedures.

Conduct organizational studies and evaluations to find inefficient business processes and programs.

Common Career Paths for Business Process / Management Consultant

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Business Process Consultants' salaries may rise greatly for those who assume a higher-end position such as a Chief Financial Officer. The average Chief Financial Officer brings home $122K per year. A common career progression for a Business Process Consultant is to become an Information Technology Project Manager or a Senior Professional Service Consultant. Compared to Business Process Consultants, the first group earns $1K more on average, and the second group earns $14K more.

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Popular Employer Salaries for Business Process / Management Consultant

Many Business Process Consultants can be found at Booz, Allen, and Hamilton, Accenture, Deloitte Consulting LLP, Humana, Inc., and International Business Machines (IBM) Corp., firms that are at the top of the field. Although Humana, Inc. heads up the field in terms of compensation, offering the highest median salary at $146K, pay at this particular employer still varies considerably, running the full spectrum from $52K to $154K. PricewaterhouseCoopers, International Business Machines (IBM) Corp., and Accenture are a few other companies that offer generous salaries, with Business Process Consultants earning around $108K, $96K, or $89K at each firm, respectively.

The consistently lowest paying firm on the list is Protiviti Incorporated, where the median salary is just $56K — 162 percent lower than the top payer. Also sliding in at the lower end of the scale are Booz, Allen, and Hamilton ($62K), KPMG, LLP ($68K), and EY (Ernst & Young) ($74K).

Popular Skills for Business Process / Management Consultant

This chart shows the most popular skills for this job and what effect each skill has on pay.

Survey respondents exploit a significant toolbox of skills in their work. Most notably, skills in Business Process Engineering, Strategic Planning, Change Management, and Project Management are correlated to pay that is above average, with boosts between 9 percent and 16 percent. Skills that pay less than market rate include Microsoft Word, Microsoft Office, and Windows Operating System General Use. For most people, competency in Business Analysis indicates knowledge of Project Management and Change Management.

Pay by Experience Level for Business Process / Management Consultant

Median of all compensation (including tips, bonus, and overtime) by years of experience.

Business Process Consultants generally obtain higher compensation for more plentiful past experience. Workers in their first five years can expect to earn $68K, but people who have been around for five to 10 years earn a noticeably bigger sum of $94K. After one to two decades on the job, professionals can reap plentiful salaries that average out to the six-figure sum of $111K. Business Process Consultants with more than 20 years of experience report incomes that are only modestly higher; the median for these old hands hovers around $128K.

Pay Difference by Location

Surpassing the national average by 25 percent, Business Process Consultants in San Francisco receive some of the highest pay in the country. Business Process Consultants will also find cushy salaries in Louisville (+24 percent), Seattle (+23 percent), Boston (+17 percent), and New York (+15 percent). With compensation 20 percent below the national average, McLean is not known for hefty paychecks and actually represents the lowest-paying market. Denver and Washington are a couple other places where companies are known to pay below the median — salaries are 9 percent lower and 5 percent lower, respectively.